Transition Labour markets shortly referred to as TLMs are descriptive devices used to investigate statistical transition relating top employment and other employment variables such as training and entry into labour market, groups most likely to be at the risk of exclusion from the labour market.
Transition Labour Markets in Australia
TLMs as statistical tools basically examine the relationship between educational processes and leaving versus the entry to the labour market. As such it concerns itself with he large number of people who are likely to look for employment such as school leavers. It also examines the different groups in the society and their possible likelihoods of entering a labour market. Such groups’ would include disadvantaged groups such as the retrenched, the women, young people without formal education and other groups that are faced by unemployment risk factors.